The Houston Business-Cycle index declined an annualized 1.9 percent in September. That is the first drop since April’s 5.1 percent decline. Soft employment and help wanted
advertising data last month were met with real estate metrics that suggest the slowdown in energy so far has only modestly affected a still-healthy real estate market. Altogether, the outlook for Houston remains tepid.
Read more...Houston Economic Indicators November 2015 via Dallas Fed
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